SOS Ltd. Announces Launch Of Additional 1,500 Mining Rigs At Its Super-Computing Center In Texas
Portfolio Pulse from Benzinga Newsdesk
SOS Ltd. (NYSE: SOS) has announced the launch of an additional 1,500 mining rigs at its Texas Super-Computing Center, as part of its North American expansion. The company has a hosting contract with Grand Flourish Inc. and aims to increase the center's capacity to 200MW, accommodating 200 mobile smart containers and 60,000 servers. The Texas center currently operates 8,483 servers, while the Wisconsin center operates 810 servers with a total hash rate of 1.35 EH/s in North America.
January 16, 2024 | 1:47 pm
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SOS Ltd. has expanded its mining operations with the addition of 1,500 mining rigs in Texas, indicating growth in its North American mining and hosting business.
The launch of additional mining rigs is a positive development for SOS Ltd., suggesting an increase in mining capacity and potential revenue growth. This expansion could attract investor interest and potentially lead to a short-term increase in stock price, assuming the cryptocurrency market remains favorable.
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